The Board of Directors of Buffalo Coal thanks Mr. Wilson for his
services to the Company and wishes him success in his future
endeavours.

About Buffalo Coal
Buffalo Coal (previously Forbes & Manhattan Coal Corp.) is a growing
coal producer in southern Africa. It holds a majority interest in two
operating mines through its 100% interest in Forbes Coal (Pty) Ltd, a
South African company which has a 70% interest in Zinoju Coal (Pty) Ltd
("Zinoju"). Zinoju holds a 100% interest in the Magdalena bituminous mine and
the Aviemore anthracite mine in South Africa. Buffalo Coal has an
experienced coal-focused management team.

Cautionary Notes:
This press release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation. Forward-looking
information includes, but is not limited to, statements with respect to
the corporate structure of Buffalo Coal. Generally, forward-looking
information can be identified by the use of forward-looking terminology
such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of
such words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be
achieved".Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Buffalo Coal to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to: general
business, economic, competitive, foreign operations, political and
social uncertainties; a history of operating losses; delay or failure
to receive board or regulatory approvals; timing and availability of
external financing on acceptable terms; not realizing on the potential
benefits of the proposed transaction; conclusions of economic
evaluations; changes in project parameters as plans continue to be
refined; future prices of mineral products; failure of plant, equipment
or processes to operate as anticipated; accidents, labour disputes and
other risks of the mining industry; and, delays in obtaining
governmental approvals or required financing or in the completion of
activities. Although Buffalo Coal has attempted to identify important
factors that could cause actual results to differ materially from those
contained in forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended.

There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.